Swiss supreme court knocks down bid to extend bank secrecy
Former Swiss private banker Rudolf Elmer (R) arrives with his lawyer Ganden Tethong Blattner before a hearing at the Swiss Federal Supreme Court in Lausanne, Switzerland October 10, 2018. REUTERS/Denis Balibouse
LAUSANNE, Switzerland: Switzerland's highest court ruled on Wednesday against prosecutors seeking to extend the country's bank secrecy law to cover whistleblowers wherever they are in the world.In a case that drew international scrutiny, the court by a 3-2 majority rejected an appeal by Zurich prosecutors in a case involving former private banker Rudolf Elmer.
(Reporting by Stephanie Nebehay, Editing by Michael Shields)
Source : https://www.channelnewsasia.com/news/business/swiss-supreme-court-knocks-down-bid-to-extend-bank-secrecy-10811790